Our time proven approach employs a disciplined investment philosophy of underwriting short-term real estate loans with very low loan to value ratios
Boca Raton, FL (PRWEB) January 18, 2007
Logan Equity Partners, L.L.C. (LEP) announced that they launched the Logan Asset Backed Fund, L.P., an asset backed fixed income hedge fund.
The Logan Asset Backed Fund, L.P. uses a conservative valuation strategy to make asset backed loans and targets returns with extremely low volatility and a minimal correlation to U.S. equity, fixed income and real estate markets.
"Our time proven approach employs a disciplined investment philosophy of underwriting short-term real estate loans with very low loan to value ratios," said Scott Blick, LEP portfolio manager.
The fund is domiciled in the United States and charges a 1% management fee and a 20% incentive fee. The minimum investment is $250,000. The fund began trading in April of 2006 with a partner base of investors including various high net worth individuals and significant investment from the General Partners. The goal of the Logan Asset Backed Fund is to generate net annualized returns of 12% with very low volatility.
Logan Equity Partners L.L.C. is an asset management company specializing in low volatility alternative investment strategies. LEP manages hedge funds focusing on asset backed investment strategies, providing services to institutional and high net worth individuals.